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20121201
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are posted from oregon to michigan. heavy snow and high winds are expected in colorado, utah, and parts of arizona. highway and air travel delays are expected. >>> two fiscal cliff negotiations now. speaker john boehner is pushing ahead with a plan separate from the one he's trying to negotiate with president obama. he calls it plan b. the white house and democratic leaders have already rejected boehner's idea. nancy cordes has the details now from washington. >> our plan b would protect the american taxpayers. >> reporter: speaker boehner says he'll take his plan directly to the house floor with a bill to extend the low bush cut tax rates for all americans making less than $1 million a year. that's far higher than the $400 income cut-off the president is currently proposing, higher still that president obama's campaign promise to let taxes rise on households make 2g $50,000 or more. boehner said he has to bypass talks with the white house and pull the vote on his plan now because the president's latest fiscal cliff proposal still isn't balanced between taxes and cuts. >> what is your d
your national forecast. alerts stretch from kansas through michigan as major storm brings blizzards, severe thunderstorms and damaging winds. expect thunderstorms in the gulf coast states and cooler temperatures in florida. in t northeast sees rain tonight with a wintry mix in new england. a storm moving ashore in the pacific northwest and november california is creating heavy mountain snow and coastal flash flooding. hmm. that was almost not the word i said there. >>> "cbs moneywatch" on your thursday. a gm buyback and big bargains for last-minute bargain shoppers. save me, ashley. >> was a slippery slope there. good morning to you. it triggered profit taking. tokyo's nikkei dropped 1%, while hong kong's hang seng added a fraction. >>> hope turning to frustration over congress's ability to avoid a fiscal cliff sent a chill down wall street. the dow dropped nearly 99 points while the nasdaq shed 10 points. >> the u.s. government is selling its stake in the automobile maker that taxpayers bailed out four years ago. gm is buying back 200 million shares from the government. they'll unl
Search Results 0 to 1 of about 2